Soybeans JANUARY 2020 has broken through a support line of a Descending Triangle and suggests a possible movement to 904.2283 within the next 14 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 3 days.
Related Posts
Important price line breached by Silver May 2024. This price has been tested numerous times before.
Silver May 2024 has breached the support line at 27.8400. It may continue the bearish trend towards 27.1075,…
An unexpected large move has occurred on Us Treasury Bond June 2024 Daily chart! Is this a sign of something new? What can we expect?
Those of you that are trend followers are probably eagerly watching Us Treasury Bond June 2024 to see…
An unexpected large move has occurred on 10 Yr Us Treasury Note June 2024 Daily chart! Is this a sign of something new? What can we expect?
10 Yr Us Treasury Note June 2024 has moved lower by 2.62% from 110.75 to 107.84375 in the…